INDUSTRY NEWS
INDUSTRY NEWS
AroundtheIndustry Hospitality Dream Hotel Shopoff Realty Investments and Contour Real Estate plan to turn 5.25 acres of vacant land on the south Las Vegas Strip into Dream Hotel Las Vegas. The 450-room luxury property will include ballroom and meeting space, 56,000 square feet for food and beverage, a rooftop nightclub, pool, spa, and more.
Hyatt Centric Hyatt Centric has announced plans for the first UK property under its lifestyle Hyatt Centric brand. The 150-room property will be located within the University of Cambridge’s Eddington development, and is expected to open in 2021.
Four Seasons Four Seasons Hotels and Resorts will unveil six hotels as it continues its expansion trend. New properties will be planned for Tokyo, Bangkok, Madrid, San Francisco, Napa Valley and New Orleans.
Choice Hotels International Choice Hotels International has launched a new-build, midscale, extended-stay brand called Everhome Suites, offering apartment-style space that guests can customize to their liking. Choice has development agreements for 13 hotels in the Los Angeles and Austin, Texas, markets.
Hyatt Hyatt expects to open some 200 hotels in the Americas region by 2022, with some locations in the US and others in countries, including Canada and Mexico. Kempinski Hotels Kempinski Hotels intends to increase its portfolio to 100 hotels and add the new 7Pines brand to the mix as well. Hilton Hilton has plans to open a new hotel flag, Tempo, in Louisville as part of a larger development at Jefferson and Shelby streets in NuLu.
Rosewood Hotel Group Rosewood Hotel Group boasts a best-ever pipeline of 32 projects as it pursues expansion across three brands in the Americas, Asia, Europe and the Middle East. Branded residences are an emerging priority for the firm, which has 40 hotels and resorts in 19 countries. Atari Video game pioneer Atari will begin construction of a branded hotel this fall in Phoenix. Plans are also afoot for Atari hotels in Austin, Texas, Chicago, Denver, Las Vegas, San Francisco, San Jose, California, and Seattle.
Restaurants 7-Eleven 7-Eleven is investing in tech, including mobile checkouts, a digital loyalty program and product delivery, to make its store model even more convenient. The retailer plans to use its digital 7Rewards program to offer entertainment, including augmented reality gaming. P.F. Chang’s After opening its first of 20 planned P.F. Chang’s To-Go locations in Chicago’s River North neighborhood, P.F. Chang’s has its sights set on a second spot in New York City. The 2,000-square-foot storefront has no tables for dining in, and third-party services. DoorDash, Grubhub and Postmates will handle delivery. Chicken Salad Chick Chicken Salad Chick plans to reach 400 restaurants by 2025. The brand is targeting 50 openings in 2020, with growth in states such as North Carolina, Illinois, Ohio and Texas. Hungry Howie’s Hungry Howie’s plans to open new pizzerias in its home state of Michigan after partnering with Buxton Predictive Analytics and discovering new opportunities for growth.
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Noodles & Co. Noodles & Co. plans to add 22 new locations between 2021-2032. Ahold Delhaize As it enters the final year of fulfilling its 2020 sustainability goals, Ahold Delhaize has outlined a new set of targets aimed at building its own brands, helping shoppers make healthier choices and cutting back on waste across the board. Hy-Vee Hy-Vee will convert four QuikTrip convenience stores it recently acquired around Des Moines, Iowa, into its Fast & Fresh Express stores. The stores will feature fuel pumps and standard convenience store fare, along with a small-scale grocery. The brand also will replace all 22 of its in-store Market Grille restaurants with Wahlburgers units. Hy-Vee has been a partner with the Wahlberg brothers since 2017. Smokey Bones The 61-unit Smokey Bones Bar & Fire Grill barbecue chain is aiming to broaden its sales network through the launch of two “virtual” delivery-only concepts, Wings Experience and Burger Experience, now available in 30 locations.
COMMERCIAL CONSTRUCTION & RENOVATION — MARCH : APRIL 2020
